September 06, 2016
TheKorean daily media headlines and humor
Tuesday, September 6, 2016
Your Excellency:
Here are The KoreaPost notices and around up of important headlines from all major Korean-languagedailies, TV and other news media of Korea today:
Very Respectfully Yours
/s/
Lee Kyung-sik
Publisher-Chairman
Korea Post Media
Aquick roundup of major news stories from the Korean news media today:
KBS (http://world.kbs.co.kr/english/news/)
N.Korean Missiles Fired Monday Believed to be Upgraded Nodongs
The SouthKorean government says that the North Korean ballistic missiles test-fired onMonday are presumed to be upgraded Nodong missiles. A...
Gov’tApproves Kim Young-ran Act
The governmenthas approved the “Kim Young-ran Act,” wrapping up all legal procedures for theeffectuation of the antigraft law. The...
Park,Xi Fail to Narrow Gaps on THAAD Dispute
Anchor:President Park Geun-hye and Chinese President Xi Jinping held their firstsummit following the controversy surrounding the planned deployment of U.S.THAAD interceptors on the Korean Peninsula. At the summit held on the sidelinesof the G-20 gathering in Hangzhou, the two sides confirmed their differences onthe issue and agreed to continue discussions.
JCS:N. Korean Ballistic Missiles Drop on Japanese Air Defense Zone
North Koreahas again launched ballistic missiles into the East Sea, trespassing on theJapanese Air Defense Identification Zone(JADIZ).
FinancialWatchdog Urges Hanjin Group to Clean Up its Shipping Mess
Anchor:Financial authorities have reiterated that Hanjin Group must assumeresponsibility for the disruptions in logistics resulting from its shipperfiling for court receivership. The shipping company, meanwhile, has alsorequested for bankruptcy protection in the United States.
Gov'tRaises Next Year's Defense Budget to 40.3 Tln Won
N.Korean Missiles Fired Monday Believed to be Upgraded Nodongs
Gov’tApproves Kim Young-ran Act
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Yonhap (http://english.yonhapnews.co.kr)
S.Korea's economic recovery still remains stuttering: think tank
The SouthKorean economy is experiencing feeble recovery momentum in recent months asexports and facility investment continue to falter amid a slowdown in domesticconsump...
S.Korean rhythmic gymnast to perform with Rio Olympics champion in local show
Son Yeon-jaewill perform with the world's top rhythmic gymnasts, including the Rio Olympicsgold medalist, at a local rhythmic gymnastics gala show next week, her agencys...
Int'larchive congress kicks off in Seoul
A quadrennialcongress gathering archive experts from all over the world kicked off here onTuesday, introducing all 13 Korean items listed on UNESCO's documentaryheritage ...
S.Korean stocks flat in late Tuesday morning
South Koreanstocks remained almost flat late Tuesday morning, as investors took to thesidelines after the U.S. stock market was closed for a holiday on Monday.
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The KoreaHerald (http://www.koreaherald.com)
Summitfails to ease THAAD tension
DespiteSeoul’s attempts to contain the rows with China over its plan to host a USanti-missil...
Oppositionpushes dismissal of new minister
Oppositionparties on Monday agreed to seek the removal of the new agriculture minister,lashin...
GwangjuBiennale 2016 explores future
The GwangjuBiennale, now in its 11th year, seeks to depart from the typical showcas...
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The KoreaTimes (http://www.koreatimes.co.kr)
Seoulproperty bubbles reflect policy failure
Thegovernment’s policy to prop up the economy by stoking the real estate boom andrecord-low interest rates have combined to drive property bubbles to adang...
LGChem mulls merger with LG Life Sciences
LG Chem isconsidering a merger with its pharmaceutical affiliate LG Life Sciences, an LGChem spo...
N.Korean leader observes missile launches, calls for stronger nuke force
North Koreanleader Kim Jong-un observed the latest launches of ballistic missiles andstressed th...
Xisoftens tone over THAAD
HANGZHOU,China - President Park Geun-hye and Chinese President Xi Jinping agreed inbilateral tal...
UNSecurity Council to meet Tuesday over N. Korean missile launches
The U.N.Security Council will meet Tuesday to discuss a barrage of ballistic missilelaunches tha...
Seoulmayor says he's mulling presidency
Seoul MayorPark Won-soon on Tuesday said he is considering running in next year'spresidential el...
N.Korea holds first meeting of economic officials in 10 years
North Koreaheld a meeting of officials in charge of the economy and policy planning tobetter car...
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DongA Ilbo (http://english.donga.com)
Park, Xi reconfirm differences over THAAD at summit talks
South Korean President Park G…
Samsung plans to sell refurbished smartphones in U.S.
Samsung Electronics will branch out into the refurbished phone market. Arefurbished cell phone refers to a used one or a model t…
KTX extension project to be launched in late 2017 toconnect Suseo and Suwon
A construction project will be launched in late 2017 to extend the KTXrailway from Suseo in Seoul to Suwon in Gyeonggi Province.…
Seoul Performing Arts Festival to be held for one month
Playgoers and dance lovers await the Seoul Performing Arts Festival everyautumn. The largest international performance festival …
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Chosun Ilbo (http://english.chosun.com)
G-Dragon Draws Chinese Crowds to ClothingStore
The flagship store of clothing brand 8 Seconds in Seoul'sshopping district of Myeong-dong was teeming with Chinese tourists on Mondaywho had come all the way to buy hats and...
4 Korean Universities Make Global Top 100
Four Korean universities have made it into the world'stop 100 in the latest world rankings.In this year's ranking released byQuacquarelli Symonds of the U.K. on Monday, Seoul...
Foreign Reserves Soar to Record in August
Korea's foreign exchange reserves hit a record in Auguston the back of gains from investment in foreign assets and an increase in thevalue of non-dollar currencies.The Bank of...
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HanKyoReh Shinmoon (http://english.hani.co.kr)
Ahnlambasts Pres. Park’s small-business plans, support for “zoo structure”
Ahn Cheol-sooblasted President Park Geun-hye’s policies for small businesses and theso-called “creative economy” in a meeting with reporters on Sept. 3 whileattending the IFA trade show in Berlin.
S.Korean with same name as N. Korean leader faces bank trouble
A 45-year-oldwoman who lives in Seoul tried to send money to an older sister who livesoverseas, but the transfer was blocked. Her financial woes are due to her name,which is Kim Jong-un ? the..
Achef who brought Korean food traditions to Austria
I was drinkingsome iced coffee with a world-renowned chef during an unusually severe heatwave when she made the unexpected request. “Take a sip of iced coffee and letit sit for a while before swall..
DalaiLama asks how many more years before he can visit S. Korea
The firstthing he said was a surprise: “Is it because I’m a monk that I can’t go?” Weall laughed at this, though we were less amused than bemused. We weren’t quitesure what he meant, but we couldn...
N.Korean restaurant manager speaks of mysterious defection from China
A restaurantmanager surnamed Heo, 36, who defected together with 12 female employees from aNorth Korean restaurant in China in early April repeated the message “Time willbring everything to light” ...
N.Korean defectors told not to meet with MINBYUN during reeducation
Between Aug. 8and 11, the 13 defectors from a North Korean restaurant ? including amanager and 12 female employees ? were released successively from theNorth Korean Defector Protection ..
Groupdefection of North Koreans to South aided by NIS: source
The group of13 North Koreans who defected from a North Korean restaurant and reached SouthKorea with unusual speed in early April had purchased tickets to Malaysia using60,000 RMB (US$8,980) they h..
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JoongAng Ilbo (conservative) (http://koreajoongangdaily.joinsmsn.com/)
Ifshareholders step in, FSC may support Hanjin
FinancialServices Commission Chairman Yim Jong-yong said on Monday that the commissionwill review measures…
Pyongyangfires three missiles into East Sea
Pyongyangfired three intermediate-range ballistic missiles into waters off its easterncoast on Monday…
Samsungcuts Note7 battery supply from SDI
SamsungElectronics has reportedly decided to halt its supply of Galaxy Note7 batteriesfrom affiliate Samsung SDI…
Korea’sforex reserves rise to $375.5 billion
Korea’sforeign exchange reserves hit an all-time high last month, reaching $375.5billion on improved returns…
Stricterloan evaluations to come
Borrowersseeking unsecured loans can expect tougher evaluations of theircreditworthiness by the year’s end…
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The KyungHyangShinmoon (http://english.khan.co.kr/)
“Stubborn” Politics, President Appoints MinistersKim Jae-soo and Cho Yoon-sun
President Park Geun-hye went ahead and appointedministerial nominees Kim Jae-soo and Cho Yoon-sun to head the Ministry ofAgriculture, Food and Rural Affairs a···
Comfort Women Victim Gil Won-ok’s ShatteredDream to Become a Singer Comes True
Gil Won-ok (88, photo), a comfort women victim in theJapanese military will officially release an album. The Korean Council for theWomen Drafted for Se···
Ahn Hee-jung Joins the Race: OppositionParty's Clock Goes Tick Tock Towards the Presidential Election
After a pro-Moon leadership took over the Minjoo Party ofKorea in the party’s conventions on August 27, Moon Jae-in emerged as a strongpresidential candidate···
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The KoreaEconomic Daily (http://english.hankyung.com/)
StarfieldHanam's Opening to Trigger War of Retail Giants
ShinsegaeGroup will build six outdoor shopping malls with floor space of more than100,000 square meters in a row. Beginning with Starfield Hanam scheduled to beopen on September 9, it will open a new shopping complex every year until 2021including Samsong (Goyang, Gyeonggi), Anseong (Gyeonggi), ...
Anti-CorruptionCommission Publishes List of 40,000 Organizations Subject to Kim Young-ran Law
TheAnti-Corruption & Civil Rights Commission published a list of 40,919 publicand semi-public institutions subject to the so-called Kim Young-ran Law on itswebsite. The list included 57 central government agencies and constitutionallydesignated organizations, 260 local self-governing bodies and ...
Samsung'sDecision Not to Use Its Affiliate's Batteries Reflects Will of Heir Apparent
Samsung SDI isone of Samsung Group's flagship affiliates with the specialty in batterymanufacturing. The unit is producing not only small smartphone
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AJU BusinessDaily (http://eng.ajunews.com/korea)
Hanjinagrees on $90.5 mln fund to ease troubled cargo …
Bowing tostrong government pressure, the parent group of South Korea's Hanjin Shippingagreed Tuesday on an em…
LG'snews smartphone V20 will be unveiled this week
South Korea'sLG Electronics will unveil its new premium smartphone, V20, this week that willrun on Google's new Android mobile operating sy…
Statelender puts KDB Life up for sale to raise restruc…
South Korea'sleading state lender opened a competitive bid Monday to sell an 85 percentstake in KDB Life Insurance, two years after it failed t…
Hanjingroup under pressure to solve disturbed cargo de…
South Korea'stop financial regulator intensified pressure Monday on the parent group ofHanjin shipping and its ruling family to take aggressive…
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Maeil BusinessNews Korea (http://www.pulsenews.co.kr/)
HanjinShipping bankruptcy strands vessel crews at sea, putting human rights
The recentbankruptcy of South Korea’s Hanjin Shipping Co. has not only stranded vesselsand cargo at sea but also its sailors, ...
NexenTire to supply original equipment tires for Porsche Cayenne
Korea’s NexenTire Corporation said on Monday it will fit new Porsche sports utility modelCayenne with its N`FERA RU1 as ...
Koreangovernment mulls expanding Hyundai Merchant Marine’s ports of call
The SouthKorean government said on Sunday that it will consider adding more ports ofcall and vessels for Hyundai Merchant ...
HiteJinro to use Vietnam as gateway to up presence in Southeast Asia
South Korea’sHite Jinro seeks to expand its presence in Vietnam to make the country agateway to the South East Asian market ...
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